-Refer to the above table. Based on the information in the table, we can say that
A) all three goods are substitutes for each other.
B) all three goods are complements.
C) X and Y are substitutes, Y and Z are complements, and X and Z are substitutes.
D) X and Y are complements, Y and Z are substitutes, and X and Z are complements.

Question

-Refer to the above table. Based on the information in the table, we can say that
A) all three goods are substitutes for each other. 
B) all three goods are complements. 
C) X and Y are substitutes, Y and Z are complements, and X and Z are substitutes. 
D) X and Y are complements, Y and Z are substitutes, and X and Z are complements.

Quizplus · Accepted Answer

The table likely shows relationships between goods X, Y, and Z, indicating that X and Y are substitutes, Y and Z are complements, and X and Z are substitutes.

-Refer to the Above Table